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BURLINGTON, Mass.–(BUSINESS WIRE)– Dyax Corp. (NASDAQ: DYAX) has granted exclusive distribution rights to taiba ME (taiba) for the use of Kalbitor in the treatment of hereditary angioedema (HAE) within the Middle East, including Saudi Arabia, United Arab Emirates, Oman, Bahrain, Qatar, Kuwait, Libya and Iran. Collectively, the population covered by this agreement is more than 100 million people and thus represents a significant expansion of global access to Kalbitor. Dyax and taiba will share profits on Kalbitor sales within the licensed territory.
“taiba’s track record of successful commercialization of orphan products within the region for globally leading orphan and rare disease companies makes them an excellent partner for Dyax and, most importantly, for bringing Kalbitor to HAE patients within a part of the world with great unmet medical need for an effective HAE therapy,” said Gustav Christensen, President and Chief Executive Officer of Dyax.
“We are excited to add Kalbitor to our portfolio of orphan drugs treating rare diseases and we believe Kalbitor will offer HAE patients an important new treatment option,” said Saif Al Hasani, Managing Director of taiba. “Using our extensive experience in the orphan drug space we can rapidly and effectively engage relevant stakeholders to increase awareness of both HAE and Kalbitor.”
taiba expects to make Kalbitor available in their territories this year.Read full article